Iamveetoria
@iamveektoria
Hi, I’m Victoria Enebeli! Life has thrown its fair share of challenges my way, but I’ve turned every setback into a setup for a comeback.
In 2021, I decided to go all-in on crypto/web3, and wow, what a ride it’s been! I’ve worked with amazing organizations like Zuri Team, Mara, Web3Ladies, Lu Team, VCD studio and supported thriving DeFi and NFT communities. Along the way, my dedication as a blockchain advocate got me the Polygon Labs advocate role. Today, I’m proud to be a full-time community manager and researcher at BABs, making waves in the #Web3 space.
But wait, there’s more! I co-founded LearnOnChain (https://x.com/onchainlearn), a learning platform on @base, because I’m passionate about educating and empowering others in the #blockchain world.
And 2025? Oh, it’s going to be epic! Think big wins, bold moves, and a whole lot of growth. Stay tuned, my journey is just getting started! 0 reply
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Bitcoin Pizza🙂↔️
A long time ago, in 2010, there was a guy named Laszlo Hanyecz who really liked Bitcoin. But back then, Bitcoin wasn’t worth much at all; it was just something computer nerds played around with.
One day, Laszlo was hungry and thought, “Hey, I wonder if I can buy pizza with Bitcoin?” So he made a deal with someone online:
→ He gave 10,000 Bitcoins (which was only worth about $40 at the time).
→ The other person bought him two Papa John’s pizzas and delivered them to his house.
At that moment, this was the first ever real world purchase using Bitcoin!
Now, the crazy part is that Bitcoin’s price skyrocketed over the years. If Laszlo had kept those 10,000 Bitcoins instead of trading them for pizza, they would be worth more than $730 million when Bitcoin hit its highest price in 2024! That’s enough money to buy a lifetime supply of pizza and still have billions left over. 1 reply
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Old Meets New: How Backward Compatibility works!
Imagine a Video Game Console 🎮
Let’s say you have an old PlayStation 4 (PS4), and you love playing your favorite games on it. Now, a new PlayStation 5 (PS5) comes out with better graphics and new features, but guess what? You can still play your old PS4 games on the PS5!
That means the new system works with the old games. This is exactly what backward compatibility means onchain!
How This Works onchain
When a blockchain gets an upgrade, it still allows older versions to work without any problems. People who haven’t upgraded can still use the blockchain, and their transactions, apps, and digital assets remain safe.
Example: Bitcoin’s SegWit Upgrade
Bitcoin received an upgrade called Segregated Witness (SegWit), which improved transaction speed and reduced fees. However, even if some users or nodes didn’t upgrade, they could still validate and process transactions, as SegWit was a soft fork and remained backward compatible. 1 reply
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Arbitrage: Turning market gaps into cash! 🙂↔️
Imagine you have three toy stores in your town.
→ Store A sells a teddy bear for $10
→ Store B sells the same teddy bear for $15
→ Store C sells the teddy bear for $12
You have $10, so you go to Store A and buy the teddy bear for $10.
Then, you take it to Store B and sell it for $15.
Now, you have $15, which means you made $5 profit without doing much work!
This is called arbitrage! Buying something cheaper in one place and selling it for more in another.
Different types of arbitrage
→ Spatial Arbitrage (Buying on One Exchange, Selling on Another)
Imagine Bitcoin (BTC) is selling for $50,000 on Exchange A but $50,200 on Exchange B.
You buy 1 BTC on Exchange A for $50,000. You send it to Exchange B and sell it for $50,200.
You profit $200 (before fees & transfer costs).
💀 Challenge
Transfers between exchanges can take time, and price differences may disappear before you complete the trade. 1 reply
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